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$400,000
Est. payment /mo
Active
1200 MADISON AVE Memphis, TN 38104
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision P Latham
MLS Listing ID 10209709
Year Built 1929
Annual Tax Amount $3,005
Property Sub-Type Commercial
Property Description
1200 Madison is a well-located retail property totaling 1,890 square feet, occupied by a renowned chocolatier. Situated on high-traffic Madison Avenue, the property benefits from its proximity to Mississippi Blvd Church and surrounding commercial activity. Built in 1929 and extensively remodeled in 2018, the space features modern design and structural integrity. The parcel sits on a 2,676-square-foot lot, offering potential for future development or customization. Currently leased to a long-term tenant with flexible one-year lease terms, this asset presents an attractive opportunity for investors seeking stable income with optionality for future use or repositioning.
Location
State TN
County Shelby
Area Central Gardens
Interior
Heating Central
Cooling Central Cooling
Flooring Other (See Remarks)
Inclusions Building and Land
Exterior
Parking Features Concrete
Roof Type Flat
Building
Story 1
Foundation Slab
Water Electric Hot Water
Listed by Curtis L Braden • Braden, Braden & Braden LLC
NEARBY SCHOOL & BUSINESS
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